Examples of SFC Companies in a sentence
In no event shall any payments made to you (x) for base salary, (y) under the Long Term Incentive Compensation Plan of any of the SFC Companies dated July 11, 1997 (the "LTI Plans"), or (z) under the Divestiture Award Bonus Plan dated July 15, 1997 be included in calculating the amount of the Deferred Bonus.
In no event shall any payments made to you (x) for base salary, (y) under the Long Term Incentive Compensation Plan of any of the SFC Companies dated July 1997 (including, without limitation, the Supplemental Long-Term Incentive Plan of the Company dated July, 1997) (the "LTI Plans"), or (z) under the Divestiture Award Bonus Plan dated July 1997 be included in calculating the amount of the Deferred Bonus.
There are no voting trusts or other agreements or undertakings to which any of the SFC Companies are a party with respect to the voting of any such securities.
None of the SFC Companies are in default in any material respect, and there has not occurred any event which with the lapse of time or giving of notice or both would constitute such a default, under any contract, lease, insurance policy, commitment or arrangement to which they are parties or by which they or their respective properties are bound or affected or under which they or their property receives benefits, where the consequences of such default would have an SFC Material Adverse Effect.
To the Best Knowledge of SFC, each of the Policies is in full force and effect and is valid and enforceable in accordance with its terms, and each of the SFC Companies has complied in all material respects with requirements (including the giving of required notices) under each such Policy in order to preserve all material rights thereunder with respect to all matters.
At 30 June 2021, the directors updated their assessment of the fair value of the investment property, taking into account the most recent independent valuation.
None of the SFC Companies will (i) other than at the end of the term of a Lease Agreement under the terms of which it does not have an option to renew, surrender their leasehold interest in any parcel of leased SFC Real Property, or seek or agree to the termination of the Lease Agreement pertaining to any such parcel, or (ii) modify or amend the Lease Agreement pertaining to any parcel of leased SFC Real Property other than in connection with the renewal of a Lease Agreement at the end of its term.
You and the Company agree that the amount of the Retroactive Bonus which you have received equals $137,690.00 and consists of the payments set forth on Exhibit A hereto; and (ii) The aggregate gross amount of cash payments which you receive from the SFC Companies for annual bonus payments covering the fiscal years 1997 and 1998 (the "Future Bonus").
Except as otherwise contemplated by Paragraph 7.08 below, current employees of the SFC Companies who remain employed by them at the Effective Time will be offered employment with FCB (or will remain employees of FFI or SIS) on an “at will” basis after the Effective Time.
You and the Company agree that the amount of the Retroactive Bonus which you have received equals $207,985.00 and consists of the payments set forth on Exhibit A hereto; and (ii) The aggregate gross amount of cash payments which you receive from the SFC Companies for annual bonus payments covering the fiscal years 1997 and 1998 (the "Future Bonus").